The Fate of New Line Cinema

Just in from /Film:

New Line Cinema

When Time Warner announced that New Line would be gobbled up by Warner Bros, we speculated that layoffs would be minimized for the short term. Variety now reports that at least 75% of New Line’s 600 staffers will likely get the axe in the coming months. As for the company’s upcoming slate of films, Warner Bros won’t decide “specific decisions on possible date switches” for probably several more weeks.

Click here to read the full /Film report.

HollywoodChicago.com's picture

75 percent of New Line's 600 staffers!

Woah. I had to read that three time to make sure I read it right. That’s so, so sad…

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